Premier Energies Ltd

Premier Energies Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Premier Energies Ltd

₹ 1,046 -1.58%
23 Jun - close price
premierenergies.com BSE: 544238 NSE: PREMIERENE
About

Incorporated in April 1995, Premier Energies Limited specializes in manufacturing integrated solar cells and solar panels. Its product portfolio includes solar cells, solar modules, monofacial and bifacial modules, as well as EPC and O&M solutions.[1]

Key Points

Market Position[1] [2]
The company is one of India’s leading providers of cleantech solutions with a portfolio of complementary products. It holds approximately 100% market share of solar cell exports from India to the United States.

The company is one of the first Indian manufacturers to produce TOPCon solar cells and is also ranked among the top 13 global module manufacturers, as per Terawatt PV ratings. [3] [4]

Website BSE NSE
  • Market Cap ₹ 47,483 Cr.
  • Current Price ₹ 1,046
  • High / Low ₹ 1,136 / 660
  • Stock P/E 31.4
  • Book Value ₹ 95.1
  • Dividend Yield 0.10 %
  • ROCE 33.3 %
  • ROE 42.4 %
  • Face Value ₹ 1.00
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Pros

  • Company has delivered good profit growth of 133% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 45.8%

Cons

  • Stock is trading at 11.0 times its book value
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Electrical Equipment Other Electrical Equipment

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
611 694 712 1,127 1,657 1,527 1,713 1,621 1,821 1,837 1,936 2,230
540 595 589 942 1,299 1,147 1,200 1,092 1,272 1,276 1,343 1,555
Operating Profit 71 99 123 184 358 381 514 528 548 561 593 675
OPM % 12% 14% 17% 16% 22% 25% 30% 33% 30% 31% 31% 30%
6 8 2 12 12 26 36 59 49 84 30 44
Interest 18 21 37 45 45 42 47 43 37 32 47 41
Depreciation 15 16 28 37 79 90 152 177 158 146 70 79
Profit before tax 44 71 61 115 246 275 351 368 403 467 505 598
Tax % 28% 25% 29% 9% 19% 25% 27% 25% 24% 24% 22% 24%
31 53 43 104 198 206 255 278 308 353 392 457
EPS in Rs 1.19 2.01 1.64 3.95 5.93 4.57 5.66 6.16 6.83 7.80 8.65 10.08
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
947 701 743 1,429 3,144 6,519 7,824
853 648 713 1,350 2,666 4,738 5,447
Operating Profit 94 54 30 78 478 1,781 2,377
OPM % 10% 8% 4% 5% 15% 27% 30%
19 35 25 36 29 134 207
Interest 35 22 43 69 121 177 158
Depreciation 17 12 28 53 96 498 452
Profit before tax 61 56 -16 -8 289 1,240 1,973
Tax % 26% 54% -8% 72% 20% 24% 23%
45 26 -14 -13 231 937 1,510
EPS in Rs 1.50 0.94 -0.55 -0.49 8.78 20.79 33.33
Dividend Payout % 0% 0% 0% 0% 0% 2% 1%
Compounded Sales Growth
10 Years: %
5 Years: 62%
3 Years: 76%
TTM: 20%
Compounded Profit Growth
10 Years: %
5 Years: 133%
3 Years: 370%
TTM: 63%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 2%
Return on Equity
10 Years: %
5 Years: 40%
3 Years: 46%
Last Year: 42%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 25 25 26 26 26 45 45
Reserves 206 197 368 385 620 2,777 4,262
256 347 455 765 1,401 1,954 3,707
342 406 491 934 1,489 2,065 2,830
Total Liabilities 828 975 1,340 2,110 3,537 6,841 10,845
263 425 479 592 1,203 978 1,747
CWIP 21 0 114 349 20 242 2,144
Investments 6 9 55 59 9 845 670
538 541 693 1,110 2,305 4,775 6,285
Total Assets 828 975 1,340 2,110 3,537 6,841 10,845

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-66 237 5 37 90 1,348 1,261
-56 -353 -218 -304 -447 -2,410 -2,156
134 109 279 252 549 1,608 1,559
Net Cash Flow 13 -7 66 -16 192 546 664
Free Cash Flow -90 -83 -178 -237 -359 728 -1,736
CFO/OP -50% 467% 57% 60% 24% 98% 70%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 74 84 71 15 71 45 46
Inventory Days 56 44 135 197 157 121 159
Days Payable 76 114 168 124 152 88 90
Cash Conversion Cycle 55 14 38 88 76 78 115
Working Capital Days 52 -24 -28 -58 -12 -22 27
ROCE % 13% 4% 6% 25% 41% 33%

Insights

In beta
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Dec 2025
Annual Installed Capacity - Solar Cells
MW

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Annual Installed Capacity - Solar Modules
MW
Total Order Book Value
INR Mn
Capacity Utilization - Solar Cells
%
Capacity Utilization - Solar Modules
%
Production Volume - Solar Cells
MW
Production Volume - Solar Modules
MW
Installed Transformer Capacity (Transcon)
GVA

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

27 Recently
Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
64.25% 64.25% 64.25% 64.25% 63.94% 63.94% 63.94%
3.08% 2.31% 2.95% 4.38% 4.23% 4.48% 5.72%
6.71% 7.95% 8.66% 12.96% 13.26% 12.72% 13.69%
25.07% 24.62% 23.42% 17.70% 17.72% 18.08% 16.28%
0.87% 0.87% 0.72% 0.70% 0.86% 0.80% 0.37%
No. of Shareholders 4,15,9783,74,3133,88,5113,81,6233,76,1303,71,2293,64,141

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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